Tax Deed Investing Basics
How buying property at a tax deed sale works.
What a tax deed sale is
When a property owner fails to pay property taxes, the county can eventually sell the property itself at a tax deed auction to recover the debt, often at a fraction of market value.
The risks worth knowing
Tax deed properties are typically sold as-is, sight-unseen in terms of title condition, and clearing the title afterward (a quiet title action) can take time and legal cost before the property is easily resellable.
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